The Norwegian oil and gas industry has in recent years been awarded an increasing number of major contracts internationally, and the industry's ambition is to continue to develop its business outside of the domestic market.
INTSOK, the joint industry and government oil and gas foundation, has identified major opportunities in eight main markets where the Norwegian industry's capabilities and experience have proven competitive. These markets include Angola, Nigeria, Brazil, Iran, China, Russia, the United Kingdom and the US Gulf of Mexico. In addition, seven other markets have been identified as priority markets. Local oil and gas advisors have been recruited in the main markets to support the companies' efforts and market strategies, and to facilitate the exchange of experience between Norway and the respective countries.
In cooperation with the industry, INTSOK has identified 16 different supply clusters covering the entire value chain of oil and gas production where Norwegian companies are competitive internationally. All of these clusters include companies with world-class technologies contributing to the overall goal of "Sustainable Petroleum Development".
The Norwegian oil and gas industry is recognized for its environmental achievements, working towards the ambition of zero emissions to water and air. The new Norwegian government will, during the course of 2005, place a greater emphasis on technologies for handling CO2 emissions. The strong focus on health, safety and environment for employees is also increasing and continues to be the most critical issue for the industry's reputation.
The oil and gas industry is committed to compliance with the expectations of the Norwegian government as far as business ethics are concerned, and will continue to promote human rights and follow the principles of Corporate Social Responsibility at the company level. The Board of INTSOK will recommend a Code of Conduct for anti-corruption measures for member companies by the end of 2005.
The Norwegian Ministry of Foreign Affairs and the Ministry of Petroleum and Energy have launched a "Petroleum for Development" programme in 2005, in which Norway is prepared to transfer its 30 years' of experience in sustainable petroleum development to relevant countries in the developing world. INTSOK is prepared to contribute with capacity building and business-to-business cooperation between companies within the framework of this programme.
Petroleum education, building on Master's programmes and courses at Norwegian universities in Stavanger, Bergen, Trondheim and Oslo, is offered to international students in Norway and will in the future be transferred to universities in cooperating programmes. Complementary training programmes are also offered internationally by the Norwegian aid agency Petrad.
Managing Director, INTSOK
(Norwegian Oil & Gas Partners)